BDR 0.00% 6.5¢ beadell resources limited

Ann: Operations Update, page-72

  1. 5,495 Posts.
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    I am a bit disappointed we have not heard from JID and his spreadsheet. I almost get the feeling a few of the uprampers here knew the inside info, and posted all positive stuff, even chats with management, and then were furiously dumping. I am getting a bad, bad feeling about some of my mates here.

    In any case, I bought more today at the death. All you have to do, to buy more, is take the unchanged yearly guidance... and you are looking at over $50 mill cash in hand after AISC. I assumed average gold price of 1190 USD.

    So, in 2015 you will buy a company with 50mill plus free cash. At a current market cap of 150 mill.

    I bought some more. If I find that me mate Pete is lying to me (and the rest of the board and management are lying), well...

    They can be complete fools and incompetents - I accept that. The share is priced like management and board are complete dills. But if I find they are lying, well, they can spend time in prison for all I care.
 
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